Scandal-tainted ChuoAoyama PricewaterhouseCoopers, now renamed Misuzu Audit Corp., resumed regular operations Friday, ending a two-month statutory auditing suspension for former employees' involvement in window-dressing at Kanebo Ltd.
The leading auditing firm hopes to make a fresh start under the new name, but it will have a tough time as many clients switched to competitors when the partial operational suspension began July 1 on orders by the Financial Services Agency.
"I would like to once again apologize for causing trouble," Misuzu Chairman Hideki Katayama told reporters at its head office in Tokyo.